Banking, Finance, & The Money System.

It's time the people of Australia knew the alarming facts. Test your own knowledge of these facts by the following questions:

Do you know that no bank lends money deposited with it?

Do you know that when a bank lends money it CREATES it out of nothing?

Do you know that bank loans are merely pen and ink entries in the credit columns of a bank's ledger? They have no other existence.

Do you know that practically all the money in the community comes into circulation as a debt to the banks?

Do you know that money loaned by a Government bank is just as much a debt to the people as if it were loaned from a private bank?

Do you know that “fixed deposits” are a plausible screen to hide the creation of credit?

Did it ever occur to you that the banks enjoy this unique facility of creating credit and putting the nation progressively into debt-bondage because they create FINANCIAL credit against the REAL credit created by the people?

Do you realize that every time a Government borrows money for a public work, the people are debited with the liability (in perpetuity), but are never credited with the value of the asset?

Do you know that every repayment of a bank loan cancels the amount of the loan out of existence?

Do you know that Treasury Notes are Government I.O.U.'s — national pawn tickets for pledging the assets of the country to the banks for the loan of OUR OWN financial credit?

Do you know that banks purchase bank sites, build premises, and acquire assets at no real cost whatever to themselves — by the simple process of honoring their own checks?

The respective Australian governments, both state and federal, (not the people) have run up public debts over the years to near breaking point, and debiting those debts to us, the people, BUT WE, THE PEOPLE HAVE NEVER EVER BEEN CREDITED WITH THE ASSETS, THEREBY DEFRAUDING THE AUSTRALIAN PEOPLE OF OUR BIRTHRIGHT, AND DISPOSSESSING US OF OUR LEGITIMATE ASSETS, I.E., THE COMMON  WEALTH OF THE LAND KNOWN AS AUSTRALIA.

The policies of every federal government, irrespective of which party is in power, and most state governments over the last fifty (50) years have been nothing more or less than thinly veiled, incrementally introduced , warmed-up Marxism, under the appearance of, and masquerading as a constitutional monarchy.

“The Bank hath benefit of interest on all monies, which it creates out of nothing.” The boastful statement of the co-founder (and the Financiers’ ‘Front Man’) of the (privately owned) Bank of England, William Patterson, upon its foundation in 1694:

“The most hated sort of money-making and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural use of it – for money was intended merely for exchange, not for increase at interest.

“He who takes up usury for a loan of money acts unjustly, for he sells what does not exist. It is wrong in itself to take a price (usury) for the use of money lent. And as in the case of other offences against justice, one is bound to make restitution of his unjustly acquired money.” Statement of St. Thomas Aquinas:

The function of money is not to make money, but to move goods.  Money is only one part of our transportation system. It moves goods from man to man.

“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin…..bankers own the earth. Take it away from them, but leave them the power to create money, and with a flick of the pen, they will create enough money to buy it back again…….take this great power away from them and all the great fortunes like mine will disappear, and they ought to disappear, for then this would be a better world to live in …… but if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let bankers continue to create money and control credit.” The writings of Sir Josiah Stamp, President of the Bank of England, at the University of Texas, 1920.

“When banks grant credit by creating or adding to deposits subject to check . . new dollars are created. They are credit dollars and they are created by the stroke of a pen rather than by dies and the stamping machines, but their purchasing power is not less than that of the dollars coined at the government mint . . . the principal way in which dollars are created in modern economic society is by borrowing.” Statement of Sumner H. Slichter, Professor of Business Economics at Harvard:

“We have already learned that the most important kind of money is credit. The most important kind of credit is credit created out of thin air by the banking system. Eighty per cent of the volume of business in Canada uses money that isn’t there. Banks lend it out of nowhere to people, and when it is paid back, it returns to nowhere. It can’t be seen, yet it can make the difference between full employment and mass unemployment. MOST OF THE REVENUE OF BANKS IS INTEREST ON MONEY THAT DOES NOT EXIST.” Statement of W. Trimble of Ryerson Institute, Toronto, writing in “Understanding the Canadian Economy”:

 “ . . .  Today in Australia, as in most other modern economies, all money is a debt of the banking system.”   MINDFUL of the statement by the Bank of N.S.W.(Westpac) in its Special Article ‘Sources of Money’ in the ‘Bank of New South Wales Review’, October 1978:

“If the American people ever allow private banks to control the issue of their currency, . . . . . the banks and the corporations which grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered.” A further statement by Thomas Jefferson:  

“I have two great enemies; the southern army in front of me, and the financial powers behind me. Of the two, the enemy to my rear is the greater foe.” The famous statement of President Abraham Lincoln during the Civil War:  

“The government should create, issue, and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of the consumers. The privilege of creating and issuing money is not only the supreme prerogative of the government, but it is the government’s greatest creative opportunity.
 
“The financing of all public enterprise, and the conduct of the treasury will become matters of practical administration. Money will cease to be master, and will become servant of humanity.” The writings of Abraham Lincoln, shortly before he was assassinated:

“Give me the control of the credit of a nation, and I care not who makes the laws.” The famous boastful statement of Nathaniel Meyer Rothschild, speaking to a group of international bankers, 1912:

“Banks create credit. It is a mistake to suppose that bank credit is created to any important extent by the payment of money into the banks. The bank’s debit is a means of payment, it is credit money. It is a clear addition to the amount of the means of payment in the community.” Statement in Encyclopedia Brittanica, 14th Edition, under the Heading of Banking and Credit (Vol. 3, Page 48):

“Whoever controls the volume of money in any country is absolute master of all industry and commerce. And when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.” Statement by USA President James A. Garfield:

“Banking is little more than book-keeping. It is a transfer of credit from one person to another. The transfer is by cheque. Cheques are currency (not legal tender). Currency is money.”  Statement of Sir Edward Holden, an eminent British banker:
“If the American people knew and understood the banking and financial system as I do, then I believe there would be a revolution before morning,” Warning by Mr. Henry Ford

“History records that the money-changers have used every form of abuse, intrigue, deceit and violent means possible to maintain their control over governments by controlling money and its issuance.” Warning by U.S. President James Maddison, shortly before he was assassinated:

“The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this Nation is run by the International Banks.” Warning by Congressman Louis T. McFadden:


“Most Americans and Australians, and for that matter, most people of the world have no real understandings of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress, and manipulates the credit of the United States, and for that matter, the credit of the entire world.” Warning by Senator Barry Goldwater:
 
The Bankers Own The Earth  

"Permit me to issue and control the money of a nation and I  care not who makes the laws."
- Mayer Amschel Rothschild, founder of the  Rothschild international banking dynasty, 1790  

"The real rulers in Washington are  invisible and exercise power from behind the scenes."
- Justice Felix  Frankfurter, Former U.S. Supreme Court Justice

The real menace of  our republic is this invisible government which like a giant octopus sprawls  its slimy length over city, state and nation. Like the octopus of real life,  it operates under cover of a self created screen...At the head of this octopus  are the Rockefeller Standard Oil interests and a small group of powerful  banking houses generally referred to as international bankers. The little coterie of powerful international bankers virtually run the United States  government for their own selfish purposes. They practically control both  political parties."
- John F. Hylan, New York City Mayor, 1922  "

"When a government  is dependent upon bankers for money, they and not the leaders of the  government control the situation, since the hand that gives is above the hand  that takes...Money has no motherland; financiers are without patriotism and  without decency; their sole object is gain."
- Napoleon Bonaparte, 1815  

"Bill Gates is not the 'richest man in the  world' by a long shot. His $50 billion dollar fortune (give or take) is  virtually nothing compared to the wealth and economic power of the House of  Rothschild. Baron Jacob Rothschild (who controls the Rothschild banking  dynasty) is owed approximately half of the U.S. national debt (which is now  some $6 trillion dollars) because the privately-owned Rothschild Bank and its  proxies have a 51 percent ownership and controlling interest in the U.S.  Federal Reserve System; and this $3 trillion dollar amount obviously does not  even include the debt that many other nations ultimately owe to the Rothschild  banking network. The interest payments alone provide the Rothschild Bank with  $100 billion dollars per year. The reason that the Rothschild dynasty remains  generally obscure to the public is because virtually all of their assets are  privately-owned and they are very carefully protected from public scrutiny by  various ways and means. It has been estimated that the House of Rothschild, directly or indirectly, controls a very substantial portion of the $35  trillion dollars in total overall spending power that exists in the world  today."
- [Anonymous]

"Some people think that the Federal Reserve Banks are United  States Government institutions. They are not Government institutions. They are private credit monopolies which prey upon the people of these United States  for the benefit of themselves and their foreign customers; foreign and  domestic speculators and swindlers; and rich and predatory money lenders."  
- Congressman Louis T. McFadden, 1932

"It is useless to deny,  because it is impossible to conceal, that a great part of Europe - the whole  of Italy and France and a great portion of Germany, to say nothing of other  countries - is covered with a network of these secret societies, just as the  superficies of the earth is now being covered with railroads."
- Benjamin  Disraeli, Prime Minister of Britain, 1876

"The Council on Foreign Relations is "The Establishment". Not only  does it have influence and power in key decision-making positions at the  highest levels of government to apply pressure from above, but it also  announces and uses individuals and groups to bring pressure from below, to  justify the high level decisions for converting the U.S. from a sovereign  Constitutional Republic into a servile member state of a one-world  dictatorship."
- Former Congressman John Rarick, 1971

"The Council  on Foreign Relations (CFR) is the American Branch of a society which  originated in England [The Royal Institute of International Affairs]...and  believes national boundaries should be obliterated and one-world rule  established."
- Carroll Quigley, Professor of History at Georgetown  University (deceased)

"The Trilateral Commission is intended to be the  vehicle for multinational consolidation of the commercial and banking  interests by seizing control of the political government of the United States.  The Trilateral Commission represents a skillful, coordinated effort to seize  control and consolidate the four centers of power - political, monetary,  intellectual, and ecclesiastical.
- Senator Barry Goldwater, Republican candidate for  President, in his book "With No Apologies", 1964

"The drive of the  Rockefellers and their allies is to create a one-world government combining  supercapitalism and communism under the same tent, all under their  control...Do I mean conspiracy? Yes I do. I am convinced there is such a plot,  international in scope, generations old in planning, and incredibly evil in  intent."
- Congressman Larry P. McDonald, 1976, killed in the Korean  Airlines 747 (flight KAL007) that was shot down by the Soviets

"The  interests behind the Bush Administration, such as the Council on Foreign  Relations, The Trilateral Commission - founded by Brzezinski for David  Rockefeller - and the Bilderberger Group, have prepared for and are now moving  to implement open world dictatorship within the next five years. They are not  fighting against terrorists. They are fighting against citizens."
- Dr.  Johannes B. Koeppl, Ph.D., 2001, former German defense ministry official and  advisor to former NATO Secretary General Manfred Werner

- Zbigniew Brzezinski  

"In March, 1915, the J.P. Morgan interests, the steel, shipbuilding,  and powder interest, and their subsidiary organizations, got together 12 men  high up in the newspaper world and employed them to select the most  influential newspapers in the United States and sufficient number of them to  control generally the policy of the daily press...They found it was only  necessary to purchase the control of 25 of the greatest papers. An agreement  was reached; the policy of the papers was bought, to be paid for by the month;  an editor was furnished for each paper to properly supervise and edit  information regarding the questions of preparedness, militarism, financial  policies, and other things of national and international nature considered  vital to the interests of the purchasers."
- Congressman Oscar Callaway,  1917

"There is no such thing, at this date of the world's history, in  America, as an independent press. You know it and I know it. There is not one of you who dares to write your honest opinions. Our talents, our  possibilities and our lives are the property of other men. We are intellectual  prostitutes."
- John Swinton, Former Chief of Staff of the New York Times,  called by his peers "The Dean of his profession", was asked in 1953 to give a  toast before the New York Press Club

"The high office of President has  been used to foment a plot to destroy the American's freedom, and before I  leave office I must inform the citizen of his plight."
- John F. Kennedy,  speaking at Columbia University, 10 days before his assassination

"It is the duty of the Patriot to protect his country from its  government."
- Thomas Paine